Essays about: "European Listed Real Estate Sector"

Found 2 essays containing the words European Listed Real Estate Sector.

1. 1. “Cheap" property holding stocks: Opportunity of a lifetime or too good to be true? - An empirical test of investment strategies based on stock price / EPRA NAV multiples for Swedish property holding stocks.

   University essay from Göteborgs universitet/Graduate School

   Author : David Goldner Yhlen; Erik Tobisson; [2020-07-01]
   Keywords : EPRA; EPRA NAV; NAV; property holding firms; real estate firms; efficient market hypothesis; behavioral finance; deferred tax; fair value accounting; law of one price; IFRS; IAS 40 investment property; portfolio; Value stocks; growth stocks; investment strategy;

   Abstract : This thesis tests the reliability of EPRA NAV (European Public Real estate Association Net Asset Value) as a measure for stock prices in property holding firms. The law of one price dictates that the price of a listed asset should equal the price of a private asset, however, this is not the case for property holding firms as the stock prices deviate from the EPRA NAV. READ MORE

3. 2. Analyzing the Post-Earnings-Announcement Drift Anomaly in the European Listed Real Estate Sector

   University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

   Author : Derek Oswald; Hang Fu; [2016]
   Keywords : Real Estate Investment Trusts; Real Estate Operating Companies; Post-Earnings-Announcement Drift; European Listed Real Estate Sector;

   Abstract : This paper aims at identifying potential post-earnings-announcement drift effects in the European listed real estate sector and then comparing such results with similar studies focused on the United States listed real estate sector. The post-earnings-announcement drift effect is a well-documented market anomaly however has only recently received attention from academic research on whether it exists in the real estate sector. READ MORE